Kingfisher plc (LON:KGF – Get Free Report)’s stock price hit a new 52-week high on Monday . The stock traded as high as GBX 278.50 ($3.60) and last traded at GBX 277.43 ($3.59), with a volume of 78619773 shares trading hands. The stock had previously closed at GBX 274.20 ($3.55).
Analysts Set New Price Targets
Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Kingfisher in a research note on Friday, July 12th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 250 ($3.23) price objective on shares of Kingfisher in a research note on Friday, July 12th. HSBC upgraded Kingfisher to a “buy” rating and set a GBX 305 ($3.94) target price on the stock in a research note on Thursday, April 11th. Finally, Deutsche Bank Aktiengesellschaft raised Kingfisher to a “buy” rating and increased their price target for the company from GBX 245 ($3.17) to GBX 310 ($4.01) in a research report on Tuesday, July 9th.
Read Our Latest Stock Analysis on Kingfisher
Kingfisher Trading Up 0.1 %
About Kingfisher
Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.
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